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Secondary preservation/special guarantee program for environment-friendly facility improvement

Facility finance

Environment-friendly
facility improvement
Secondary conservation
/Special guarantee

Environment-friendly facility improvement secondary conservation program is a system in which the government (Ministry of Maritime Affairs and Fisheries) conserves a part (2%) of interest in response to strengthening environmental regulations of the International Maritime Organization (IMO).
The KOBC supports installation of eco-friendly facilities by providing special guarantees for improvement of environment-friendly facilities for purpose of streamlining financial support.

Feature and Benefit

  • Promote financial availability and reduce financial costs through the KOBC's guarantee
  • Promote policy effectiveness link with the government's secondary conservation project

Main support and condition

Main support and condition
ClassificationDetails
Eligibility Of outbound cargo transportation service providers, the KOBC's credit rating is B- or higher
Target ship Owned ships (including BBCHP ships) and charter ships (BBC ships; however, sign a charter hire contract longer than the loan period)
Subject to guarantee The principal/interest of the loan contract
Guarantee ratio Within 100%
* However, within 100% of small and medium-sized shipping companies with a credit rating of 'B+~B-
Guarantee period Six years (1 year deferral, 5-year equal share of principal)
Loan ratio Environment-friendly facilities* Within 80% of the installation fund (20% or more of one’s own money)
Guarantee rate Guarantee rate by credit rating of the KOBC(1.3% ~ 1.7%)
AAA ~ A- : 1.3%, BBB+ ~ BBB- : 1.5%, BB+ ~ B- : 1.7%

Structure of support

Support structure
Sitemap Direction
KO EN

C1-7F, 38, Marine city 2-ro, Haeundae-gu, Busan, 48120, Republic of Korea

Tel : +82-51-795-1500 / Fax : +82-51-795-1499

CEO : Ahn Byung-gil, Business Registration No.:669-82-00218

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